Nexon Fourth Quarter and Full Year 2015 Results

Key insights

6 takeaways

01
Nexon achieved 190.3 billion yen in full-year 2015 revenue, a 10% increase, with operating income rising 37% to 62.3 billion yen.See it on page 1
02
Net income for 2015 surged 88% to 55.1 billion yen, driven by the strong performance of established live titles and new mobile game launches.See it on page 1
03
Fourth-quarter 2015 revenue reached 45.8 billion yen, a 7% year-over-year increase fueled by the success of 'Dungeon&Fighter' in China and the mobile title 'HIT' in Korea.See it on page 1
04
Q4 2015 net income fell below expectations to 4.4 billion yen due to foreign exchange losses on cash deposits and accounts receivable.See it on page 1
05
Nexon forecasts Q1 2016 revenue to fall between 49.0 and 52.5 billion yen.See it on page 1
06
The company currently maintains a global portfolio of over 100 titles across more than 190 countries.See it on page 1

Summary

Nexon’s financial results for the 2015 fiscal year demonstrate significant growth across all primary performance metrics, driven by a strategic emphasis on high-quality content and the expansion of global partnerships. The company reported full-year revenues of 190.3 billion yen, representing a 10 percent increase over the previous year. Operating income rose by 37 percent to 62.3 billion yen, while net income attributable to owners of the parent surged 88 percent to 55.1 billion yen. These results reflect the successful performance of both established live titles and new mobile game launches.

Performance in the fourth quarter of 2015 remained strong, with revenues reaching 45.8 billion yen, a 7 percent year-over-year increase that exceeded internal expectations. This growth was largely attributed to the robust performance of Dungeon&Fighter in China and the successful introduction of the mobile title HIT in Korea. While operating income for the quarter met projections at 10.3 billion yen, net income fell below expectations at 4.4 billion yen, primarily due to foreign exchange losses related to cash deposits and accounts receivable.

The company maintains a global footprint, servicing over 100 titles across more than 190 countries. Looking toward the first quarter of 2016, management anticipates continued momentum, forecasting revenues between 49.0 and 52.5 billion yen. The strategy remains focused on leveraging internal development capabilities alongside external partnerships to sustain player retention and capitalize on the free-to-play market. By prioritizing high-quality game experiences, the company aims to maintain its competitive position within the global online and mobile gaming sectors.